“Even before Trump’s speech, the price of Bitcoin plummeted from more than $107,000 to less than $102,000.”, — write: www.unian.ua
Even before Trump’s speech, the price of Bitcoin plummeted from more than $107,000 to less than $102,000.
The value of coins began to decrease immediately after the start of Trump’s speech / UNIAN collage, photo – Getty Images, REUTERSToday, January 20, Donald Trump was sworn in as the 47th president of the United States and delivered a speech in the Capitol. After that, changes took place in the cryptocurrency market. In particular, Bitcoin, as well as the memecoins of the Republican and his wife ($TRUMP and $MELANIA), have fallen in price, writes CryptoPotato.Even before Trump’s speech, the price of Bitcoin plummeted from more than $107,000 to less than $102,000. According to experts, the cryptocurrency market is preparing for the actions of the new US president on the industry after his many promises.
Bitcoin rose to $103,000 as of 9 p.m.
The drop in value also affected $TRUMP and $MELANIA. Shortly before the inauguration, memcoins of Donald and Melania Trump traded at $51.15 and $8, respectively, and after the speech of the new US president, they fell to $41.62 and $5.8.
Bitcoin sets new record ahead of Trump’s inaugurationWe will remind you that this morning, January 20, Bitcoin reached an all-time high of $109,241. This comes as the US prepares for the inauguration of a new president, Donald Trump, who supports cryptocurrencies.
Bloomberg reported that the token’s rise came after Donald Trump and his wife Melania unveiled their tokens, with the US president’s memcoin quickly reaching a market capitalization of more than $15 billion before plummeting.
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